This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $62,646 initial cash invested.
0.98%
Cash On Cash
7.44%
Cap Rate
1.11
DSCR
$2,096
Rent
$51
Cashflow
Cash Flow
$2,096 income − $2,045 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,646
Downpayment
20%
$42,520
Closing costs
1%
$2,126
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,096
Total Expenses
$2,045
Mortgage P&I
56%
$1,183
Property Taxes
2%
$44
Home Insurance
4%
$74
HOA
1%
$30
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231